Free Technical Webinar

Why pay, when you get top quality CPD hours for free from us?

Topic: Related party borrowing- New rules

The ATO has issued Practical Compliance Guideline (PCG) 2016/5 as a “safe harbour protection” for SMSF trustees with related party loans under a Limited Recourse Borrowing Arrangement (LRBA). The guidelines provide protection for trustees of SMSFs to ensure that their related party loan is treated as arms’ length, and any income from the asset is not to be treated under the non- arm’s length income (NALI) provisions. Some practical issues arise with the practical application of the guidelines which will be discussed in the free Webinar.

Topics:

- Has your SMSF borrowed from a related party?

- Are you concerned about the new ATO measures announced in PCG 2016/5 ?

- What steps you need to take to ensure your borrowing is compliant

Date: 2nd Aug 2016

Time: 11:00 AM to 12:00 PM

CPD: 1 Hour - certificate emailed to each participant

Speaker : Agni Chowdhry CPA, SMSF Specialist (UNSW)

Agni has worked in the SMSF space now for over 5 years, advicing accountants on complex matters and was instrumental in bringing actuarial certificates online. He has helped over 1,000 funds to borrow to purchase property via rules contained in Section 67A and 67B of SIS Act.

In his presentaion, he will bring out the main issues which ATO wants streamlined including zero % interest rate being charged by some related parties to the fund. It is a not to be missed event, if you or clients have borrowed from a related party.